Global stocks rise as investors await results of US midterm elections

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Global stocks rise as investors await results of US mid-term elections via IrishTimesBiz

, which will report quarterly numbers on Wednesday, was up 0.5 per cent at close of business.International Airlines Group, a fuel distribution-to-technology services group, reported strong growth in the first half of the year on Tuesday with operating profit up 13 per cent to £221.2 million in the period.

London’s blue-chip index lost about 50 points during its lows of the day, dragged down by debt-burdened Irish firm DCC and downbeat housebuilder Persimmon. But it managed to claw back its losses and had edged up by just 0.08 per cent at the end of the day.raked in pretax profits of £1.1 billion in the year to mid-September and it saw a boost in its revenue. Its share price was up by 2 per cent., which has been caught up in the tide of tougher selling conditions in the property market.

The German Dax enjoyed strong gains. It was up 1.12 per cent when markets closed, while the French Cac 40 saw a softer jump of 0.37 per cent.US stock indexes rose for the third straight session on Tuesday as voting began in the crucial midterm election that will determine control of Congress, with investors hoping for a political gridlock which could prevent radical policy changes.

 

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